Minnetonka,
MN (SafetyAlerts) - Ag-Chem
Equipment Co., Inc. (Ag-Chem), announced today that it has issued a Safety Alert and is
undertaking a major Product Improvement Program pertaining to a component in specific
models of its self-propelled agricultural sprayers. The subject sprayers were marketed
under the brand name "RoGator®". The notice relates only to RoGator Model Nos.
663, 664, 844 and 854 manufactured in model years 1999 and earlier and a limited number of
model year 2000 RoGator 854's. This Safety Alert and Product Improvement Program address a
serious safety concern surrounding a vendor-supplied component; specifically the cast iron
axle in the BB5 wheel motors built into such models.

In light of Ag-Chem's concern for the safety of owners, operators and bystanders, and in
an effort to improve the operational dependability of these machines, Ag-Chem is planning
to replace these axles. Although there have been instances of axle failures, no personal
injuries have been reported to date as a result of these failures. Until such time as the
axles are replaced, operators are being provided a list of steps they should take to
reduce the potential for failure and to reduce the risks if such a failure does occur. The
replacements will be done as quickly as possible, but Ag-Chem has been informed by its
supplier that it will take approximately one year to produce the replacement axles.

Although the financial impact of this Safety Alert and Product Improvement Program has yet
to be determined, Ag-Chem expects that a provision will be made during Ag-Chem's 4th
quarter ending September 30, 2000 which will be reflected in Ag-Chem's financial
statements to be included in its Form 10-K, expected to be filed during December.

The information contained herein has been obtained from sources that the Company believes to be reliable, however, the Company has not independently verified or confirmed the information and the recipient acknowledges that no representations or warranties are being made in connection with the use of the information.